Recently I was looking into JBI which price came down nicely. Thanks for the great Write Up! What I was wondering why this solid company has a Short Interest of ~17%? (Short interest was in Dec 2023 just 4.5%; see https://www.marketbeat.com/stocks/NYSE/JBI/)
I could not find any obvious red flags like Debt or shrinking Sales. Does anyone have a clue about that?
Why did they choose to go public through a SPAC? Seems like a business for which an IPO would have been possible.
what's current situation with the company?
Recently I was looking into JBI which price came down nicely. Thanks for the great Write Up! What I was wondering why this solid company has a Short Interest of ~17%? (Short interest was in Dec 2023 just 4.5%; see https://www.marketbeat.com/stocks/NYSE/JBI/)
I could not find any obvious red flags like Debt or shrinking Sales. Does anyone have a clue about that?
Absolutely fantastic write-up. Highly interesting!